Friday, August 03, 2007

Don't look now if you're a buyer.....it's your worst nightmare


The price action today was for sellers only....were you a buyer, looking to buy that bottom...there it is......ok, maybe not? This has to be the low right here, the so and so is oversold, the MACD has crossed and the CCI is at extreme and it's now forming a shampoo. DAMN IT, that wasn't the low either, why ain't this working?????
And the red balls just keep coming....and coming and coming......are you sick of it yet?????? They just keep coming....and coming......and soon you'll be gone.....

SIMPLE, you're monitor are either turned upside down OR you don't have a clue what the hell you're doing......NOW that should tick a few people off and no doubt if you were a buyer all day.....but don't blame the messenger, why blame me for something you already know.....just get on a plane and find out the truth about trading..........

I might have a few ideas for you to study that could help....but at least I am willing to stand up and trade those ideas LIVE with real money and show YA......
That is a lot more then you will ever get from the Woodies CCI club, Steve Matrix, Mark Cook, Camp, Houston or Bullwinkle himself.

6 comments:

Anonymous said...

I am anxious to attend. I have implented your ZLR setup with good results. I study my charts every night now and when I lose its usually my interpretation of the setup at the time. Funny how we see what we want to see when the urge to trade strikes. I am interested in how you handle trades when the ZLR does not set up - for example today, at 10:45 for a reversal to long (CCI pegged in the red) and at 12:15 and 2:00 when they were pegged in the other direction. Since in all three cases a ZLR was out of the question, I interpreted the CCI as I would an oscillator and it worked well.

Thanks again for your willingness to help.
Glenn

Sport said...

Using just the CCI will work great in a treding market like today. BUT, in a range bound market like yesterday you could get in trouble using just the CCI or just using one indicator no matter what it is.

One question and we will go into it at the workshop is how to nail the entry so your risk is smaller....if you have the stones.

Of course, a week on a sym trader and you should be OK......

Andy said...

Any way of getting any of this info if you can't make it to the workshop? (You're probably sick of me asking already...LOL) Unless of course it's all in this blog - I've been working the first bar trade (in demo) for a little while already.

Albert said...

I would also love to be able to attend the seminar "in spirit" if not in body if you know what I mean. A video presentation (paid admission to charity of course) is perfectly acceptable. Please say yes.

Sport said...

This does in a way create a host of problems....first the expense of having someone record it....then I assume edit it just in case, I go nuts and say something about foreigners....if you read the blog on a regular basis you would have picked up on this.......
I don't have a problem with anyone, I don't care who you are, what race you are or what dessert you like the best. But someone thinks I have a problem which leads me to believe they might....

Anyways, this is something to consider for sure...but have only had two requests and I am not doing this to sell and make some quick cash. I'm doing this to help others and develop a network of trading buddies.....

So let me think about it more....

Andy said...

Would a few more "pleases" help...please, please, please...pretty please with banana pudding on top :)

I'm still trying to work out what all this issue with "foreigners" is about. Maybe I'm missing something?